<p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-family: Arial, sans-serif;">[size= 13.3333px; white-space-collapse: preserve]Knowing the definition of what is going concern is important for a business and its investors to consider its financial stability. Companies use the going concern assumption to produce statements based on the assumption that the business will continue in the future. When evaluating risk, liability, and operational strength then the meaning of the going concern becomes important. Going concern accounting ensures a business carries out financial transactions in a consistent and realistic manner. [/size]</span>

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